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export performance, creating jobs in the manufacturing sector. but germany and the uk need europe to improve. >> it comes at an inkrd eblly high cost in terms of the number of people out of work. what has been done? how much have we destroyed so that the jobs outlook and growth prospect in this country? >> well, what growth prospect in the southern european countries? we're seeing definitive bifurcation of northern europe and southern europe. southern europe, we are creating an underclass of long-term, especially youth unemployed that is going to give us a problem when the economies eventually start to get into balance and start to pick up. we still have this issue, even though we have tens of millions of people out of work, we still can't find the right skills and the right time. >> you mentioned the uk. the unemployment picture never got that bad in britain. so what happens now? why did it outperform? >> the uk is so different from the rest of europe. we've got london, the financial services sector, that didn't actually, in terms of job numbers, get hit as hard as the rest of eu
about the contrast between the u.k. and the united states which i think is revealing, and some world's about -- words about challenges facing the world economy which is more important than those facing individual countries alone. the united kingdom was hit very badly by the financial crisis. total gdp fell by 6% between the peak at the beginning of 2008 and the trough in the second quarter of 2009. output still remains 3% below the peak level. and more than 15% below levels that output would have reached have the long run average growth rate merely continued. on top of that, the inflation rate has been a 2% target. and in the wake of the financial crisis, the budget deficit reached a level of 11% of gdp, a good part of that being structural. we have serious problems to contend with when trying to put in place an economic recovery program in 2009-2010. it was clear at that point that the u.k. needed a major rebalancing of our economy. the shift of spending away from consumption, private and public and toward the net exports whether exports or production to compete with imports. the st
in the u.k. that multinational companies are skirting taxes by shifting profits overseas divisions. the managing director of starbucks u.k. says they have always paid taxes to the letter of the law will make additional payments in 2013 and 2014 despite the fact that the u.k. unit is not yet profitable. the will and amazon have also been targeted as not paying their fair share and england. >> it is 6:11 a.m. and we'll be back in a couple of mess. minutes. you are just going to have to trust me, this is walnut creek. we will be right back. =dj local reservoirs' have seen a needed increase in water levels because of last weekend's storms. reserves and santa clara and proves it evidently with the rainfall. levels are still not exactly where they need to be though. since last wednesday the santa clara valley water district says average storage in their 10 reservoirs' increase from 74 to 91% where they should normally be. that is a nearly 4 billion increase of water. reservoir levels increased about 3%. east bay mud says all their reservoirs are at 85 percent capacity. water supply, they
editor-in-chief anna wintour possibly being nominated as the ambassador to the u.k. and that new reporting has sparked new questions about whether the woman infamous for being rather tough on her staff possesses the diplomatic skills to deal with our best friend over in england and international relations. former u.n. ambassador john bolton faced similar criticism when he was up for his post, and he joins us next on whether he thinks wintour, infamously portrayed loosely in the film "the devil wears prada" has what it takes. >> oh, good morning, miranda. >> get me isaac. i don't see my breakfast here. where are my eggs? where's the piece of paper i had in my hand yesterday morning? the girls need a surfboard or spring break. nothing melts away the cold like a hot, delicious bowl of chicken noodle soup from campbell's. ♪ let it snow, let it snow ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. ♪ >> so you don't read runway? >> no. >> and before today, you had never heard of me --
that threatens to go off the abyss to former u.k. member of parliament john brown who is going out of his mind. i cannot believe this, but, yet, when i first heard it announced, it really happened. >> yes, you are absolutely right. when i was a nato soldier myself and when i was a member of parliament i was on the political arm of nato which was the north atlantic assembly and it was clear that it was nato particularly with the american and british nuclear deterrence that kept the peace and that extended through a circle around the ussr and margaret thanker made me the escort for gorbachev and it was clear that president reagan's strategic defense initiative brought them to the negotiating tabling the e.u. was not alive, it was not a political union. >>neil: given the trend and how they hand out the awards the common theme seems to be bash america, sort of like sally field accepting it for, i don't know, jane fonda, his theme has been europe is in the pickle because of the united states, but this is a prevailing view that the european union is facing their problems because of the united states. t
is and the group hsbc, the uk's largest bank wants to put this behind it, trying to settle the serious allegations, $1.92 billion will be what they will pay the u.s. government, there will be a press conference later today, the justice department, the manhattan d.a. and others to put this to rest. banks operating in the u.s. have an obligation to know their customer and abide by u.s. laws and u.s. sanctions against some pretty bad characters and hsbc apparently didn't do that. that's the allegation of the united states government, helping transfer money for drug cart cartels, for terrorist groups, for countries we're not supposed to be doing business with overall. these sanctions around libya, myanmar, syria and mexican cartels, this is what hsbc says, wants to put the whole matter behind this. "we accept responsibility for our past mistakes, we have said we're profoundly sorry for them. the hsbc of today is a fundamentally different organization from the one that made those mistakes." they were rubber stamping transfers and one economic it any of an e-mail said "what is this, the school of low ex
have been arrested in the u.k. in connection with libor manipulation. they are the first arrests made in connection to the rate-rigging scandal, which began in july. barclays admitted to controlling the benchmark interest rate and was forced to pay $453 million in a settlement. the men remain unidentified. other big banks including ubs, jp morgan, citigroup and hsbc are still being investigated for possible connections to the libor scandal. general motors, struggling with an overstock of their full- sized trucks, is hoping to unload some inventory. the car company is trying to boost sales with an enhanced package of incentives for poetential buyers - a good thing for consumers, not necessarily for gm. the car giant had earlier vowed to hold off on such promotions in order to shield profits through the end of the year. the government is poised to make a $22 billion profit on its bailout of aig. the treasury department said this week it will sell its remaining shares of the insurance company. that consists of 234 million shares, or 15.9% of the company. it marks an end to the bailout th
on the royal phone prank in the u.k. radio station has taken the two d.j.s off the air who called the hospital where princess kate was being treated. they duped nurses to thinking they were the queen and prince charles. the nurse who put through their call, her name was saldana found dead of apparent suicide on friday. though they have not released the cause of death. today we are hearing from the first time from the two d.j.s, mel and michael on the death. >> it was never meant to go that far. it was meant to be a silly prank that so many people have done before. this wasn't meant to happen. gone over this a million times in my head that i want to reach out to them and give them a big hug and say sorry. i hope they're okay. it really do. >> what is important right now is that the family and we hope they are doing okay and get the love and support that they deserve and need right now. personally, i'm -- >> dana: police in the u.k. contacted authorities in australia. could they face charges for this? kimberly, we talked in the break. we don't see what the charge could be. >> kimberly: it's too
over to the delta brand. this is all about increasing its exposure into the uk market, specifically the slots at heathrow. those remain the crown jewel in terms of the airline business going over to europe. if you have access to those slots, it's a much easier way to become profitable or increase your profits over in europe. by the way, there are 31 daily flights between the uk and north america. we'll find out exactly what happens in terms of frequent flier redemption possibilities between delta and virgin atlantic. remember, virgin atlantic is not part of any global alliance, not part of the sky team alliance, although many wonder if that's going to change with some time. take a look at shares of delta. richard anderson has had a nice little move here. some people would say, listen, this is all about jet fuel as it has moderated. there's something else at play here. we'll be talking with richard anderson about this at 11:40, first on cnbc. we'll talk to him after the press conference announcing this deal. you don't want to miss what he has to say. this is a ceo, and we've talked a
in virgin. fill lebeau, what does it mean for both? >> for both? delta, more business over to the uk, lucrative business. we'll talk to the ceo of delta in a few minutes. rick santelli tracking the action at the c mulch e. what was it like today? >> it wasn't bad. we're going to give this auction a hook, an absolutely dead smack in the middle of the curve c. there's some strange inputs in this auction. $32 million yields a .327, which is exactly in the middle bitten off on wi. so pricing is fine. if you look at internals, a bid to cover -- to find a lower bid to cover they have to go back to february. if you look at direct bidding at 24.8, that is a record. that's almost twice 13%. if you look at indirect bids it's almost exactly the opposite. 22.9 well below 32% auction average and lowest since may of '07. we walk away thinking not so great. now that yield i mentioned, .327 is a record all-time low yield for the threes. after i sypher all that we come up with an average and look forward to $21 billion, ten years, early auction because of the fed decision. back to you, tyler. >> rick
afterwards. but by the time of 2002 until 2011 or 12, gun violence in the uk has plummeted by 44%. you simply cannot argue with facts and statistics like that. in australia, a massacre in 1996, inleapt into action. and in a consensus, they instituted a ban on the sale, import, ownership of semi automatics, what's known as assault rifles and pistols and again the gun crime plummeted like a stone. and harvard university did a really important study. they looked at massacres in the 18 years before the new laws. there were 13. 102 people were killed. after the new laws in australia, not one multiple shooting. facts don't lie. >> but they don't have a second amendment. they don't have the second amendment. >> it's not just the second amendment, though. we're in a political moment here where two forces are in tremendous conflict. one is this national revulsion at what happened. the polls have moved very quickly. >> six in ten said they would like to see the kind of gun used to kill those children, that bushmaster rifle outlawed. >> absolutely. that's a real phenomenon and you can see it in the reac
in the uk. and then this summer the community turned another corner. andy murray, the tennis champion, who survived the dunblane massacre by hiding under a desk won gold at the london olympics. for dunblane at latest there was a joyful legacy to balance its terrible stigma. but as soon as the news of the sandy hook elementary school shootings broke, old wounds reopened. >> obviously our hearts go out to them. and -- sorry. i'm not really giving them the best for someone who's moved on, but i think out of the most tragic circumstances, some good does appear, and hopefully that will happen for them. >> reporter: at the dunblane community center, they're lighting candles of condolence and sending sympathy from one of the only places on earth that really understands the depth of newtown's grief. elizabeth palmer, cbs news, dunblane. >> coming up after your local news on "cbs this morning," many more on the scathing investigation into the deadly benghazi attack. a live state department report. >>> plus reaction from the national rifle association on calls on gun control following the sandy hook
's royal family turns up dead. we have reaction from the uk and asked if the public ridicule may have played a role in this heartbreaking turn of events. one of our most important allies at risk of losing the democracy that people died for a couple of years ago. we'll look at the future of egypt and what will happen if one of america's most important allies implodes. [chanting] u. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it helps pick up some of what medicare doesn't pay. and could save you thousands in out-of-pocket costs. to me, relationships matter. i've been with my doctor for 12 years. now i know i'll be able to stick with him. [ male announcer ] with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral to see a specialist. so don't wait. call now and request this free decision guide to help you better understand medicare... and which aarp medicare s
in america and the u.k. great britain is the top importer of champaigns. those are your number ones on weekends with alex witt. [ male announcer ] this is sheldon, whose long dy setting up the news starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. c'mon, michael! get in the game! [ male announcer ] don't have the hops for hoops with your buddies? lost your appetite for romance? and your mood is on its way down. you might not just be getting older. you might have a treatable condition called low testosterone or low t. millions of men, forty-five or older, may have low t. so talk to your doctor about low t. hey, michael! [ male announcer ] and step out of the shadows. hi! how are you? [ male announcer ] learn more at isitlowt.com. [ laughs ] hey! >>> just past the bottom of the hour here. welcome back to weekends with alex witt. i'm t.j. holmes giving you headlines after the half. george h.w. bush is now out of intensive care. his improving condition
of uk? >> can i thank my honorable friend for campaigning assiduously for this. he has made a very strong case for how this new road will open up the prospect really economic governments as well as dealing with traffic congestion. and it's exactly the program we can undertake that didn't happen under the last labour government because we made the switch. again, i congratulate him for the campaign he has fought which i think is -- [inaudible] >> given the falling number of nurses in the nhs, does he recognize that people view with skepticism what you said about protection to the nhs? will he acknowledge that passing on a 2% cut to local government will cut adult social services across the country? the foldable, the disabled, the elderly. >> just -- for so we provided billions more, but -- let me just say this point to the labour party. they want to be in government and they claim they want to cut the deficit. what would they cut? what would they cut? if they object to the local government settlement and the object to the defense settlement and the objective the nhs budget and the ob
in the uk. for the first time they're speaking out. they pranked hospital where kate medal torn was admitted for morning sickness. they tricked a nurse into thinking they were prince charles and queen elizabeth. then the deejays got transferred to a colleague who gave them a live medical update on the air. that nurse committed suicide. the deejays are off the air. they gave this interview to an australian television station. listen. >> when you heard the dreadful results following the days after the prank, describe to be how it impacted you. can you remember the words? can you remember physically how you felt? >> unfortunately i remember that moment very well, because i haven't stopped thinking about it since it happened. the question was, was she a mother? >> when you found out that she was, with two children, how -- >> very sorry and saddened for the family. can't imagine what they're going through. >> what about you, michael? >> gutted. you know, shattered, heartbroken. >> does it even feel real to you, what's happened? >> we're still trying to get our heads around everything, you know, t
in the uk where they're out of power for a long time was that they realized they couldn't be the mean party anymore. and the danger for republicans as heart felt as it may be for them to worry about deficits and the survival of this country's economy and the federal government, as meaningful as that is for them, if they're only the party of cuts then they do not speak to the aspirations of the people they want to vote for them. that's why they pull the stunt bs about voter i.d. and anything else. they are deeply offensive and against everything this country stands for in terms of democratic rights. but they actually need to move beyond an agenda of looking tough and sounding tough and frankly heartless to many people who richly deserve and need the help of the federal government. >> now, cynthia, gop consultant mike murphy who in "time" magazine and i'm quoting from what he wrote, the republican brand is dying. we repel latinos, the fastest-growing voter group in the country and our nativist opposition to immigration reform that offers a path to citizenship. we repel younger voters who are
and violent crimes went up. in the uk in jamaica and ireland, island nations that banned guns, you can't find a place where murder rates have gone down. they have gone up usually by large amounts. >> you cannot find a place -- >> let me bring in. >> first of all, basically every statistic that john cited is pure bunk in terms of the fact that the more guns equal -- that's true. they were gun-free zones, but attributing that to the fact that this violence occurred, that's where i have to step in. listen, my brother was shot in a shooting on top of the empire state building which was chaotic. i know firsthand i talked with the victims from the aurora tragedy. to a person, they all say if there were another person armed, it would have led to more carnage. excuse me. i let you talk, let me finish. let me finish. if every one of the cases they say if there were more guns, it would have only led to more chaos. at the empire building shooting in new york. there were highly trained officers in the chaos and eight other people shot and every one was an innocent civilian and every one was shot by a law
in the past in the uk. thanks so much. >>> and as nato prepares to deploy patriot missile defenses to turkey and votes coming up this week, secretary of state hillary clinton in europe this week has warned the assad regime and syria against resorting to chemical weapons. >> their behavior is reprehensible. their actions against their own people have been tragic. but there is no doubt that there's a line between even the horrors they have already inflicted on the syrian people and moving to what would be an internationally condemned step of utilizing their chemical weapons. >> joining me is former california congresswoman and president of the woodrow wilson center, jane harman. congresswoman, let's talk first about syria and the chemical weapon threat and all of the pressure now on the u.s. to recognize the opposition and to become more engaged. are there any options that you hear are likely to be taken? >> well, the focus is now on syria. events on the ground are changing. if these published reports are to be believed and there's some efforts to move chemical weapons i believe as hillary cli
's no different than what happened over in the uk, in my opinion. they had a similar proposal to what we proposed with dollar revenue and $3 worth of spending cuts. they had a cost benefit analysis they did on all the spending programs, they raised the retirement age. they slowed the rate of growth of health care and they tried to get to balance in four or five years. and we thought at the time the debt was too much too quick that amount of austerity would really, you know, lead to a recession. that's why we had as our number one priority in our program that we didn't want to do anything to disrupt a very fragile economic recovery, so we phased ours in. if you do that and if you look at the economic forecast you can see what would happen. you'll probably have economic growth slowed by with about 4%. we're only growing at 2%. so you're automatically in recession. you would have about 2 million more people lose their jobs. that's not something i want to see. and unemployment back to 9%. i think that's absolutely wrong and i think is the kind of thing we should avoid. there's no sense betting the co
. starbucks has been brought up before parliament in the uk to answer questions about why they are not keeping their tax money at home. the reason is, the tax rates are too high on corporate profit. bring them down and the taxes will stay at home and you won't have it problem at all. >> yeah, i think the real underlying problem is the bad state of the u.s. tax code that forces people it take advantage of things that are legal if not necessarily patriotic. >> these companies are following the rules. nobody is accusing them even of breaking rules. >> it is not illegal. >> we have to expect them to do exactly that. >> fix the underlie be problem and you fix this. then they might actually good to work under this country. >> we should say thank you for doing that. >> jc penney throwing in the towel on no coupons policy. 20% off on friends and family discount over the weekend. has ron johnson finally come around? or too little too late john karner? >> i was a buyer into the story line. when i saw bill akman give his presentation on how jc penney would turn things around with no more coupons, i bough
trip flights between the the u.k. and north america. direct tv charging $3 more a month for sports network for those who want packages above the lowest tier. the 20 # 13 l.a. dodgers set to have the largest opening day payroll in major league baseball history with a recent report saying the payroll is more than $220 million beating out the previous record held by, yes, 2008's david's new york yankees, and speaking of the yankees, dropping stubhub as the retailer of choice. the refusal to set a price floor for transactions prompted the team to opt out of the deal, and, yes, i blew it. you heard the buzzer. david: oh, you were close. we've seen images of angry protesters in michigan heating up all over michigan, but despite the push back, the house there approved a right-to-work bill that governor rick snyder prepared to sign tomorrow. the governor joining us now from lansing. i know you are busy, seen the video all day, questions on what the law and what it is not, and the president weighed in on his version and i'll play what he says and want your reaction to it. >> what we shouldn
in morocco. france and the uk have already recognized the syrian rebel group. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. for thos...this...ions of doing break fromthis...liday stress. ...and this, dancing in their heads... ...we have these. home depot gift cards. give the gift of doing, in-store or online. >>>
. >> the e.u. hopes that the space sector will account for 20% of its gdp by the year 2020. the u.k. space agency has been $2 billion for the european space agency programs. the space agency already contributes 9.1 billion or $14 billion to the u.k. economy. for europe investing in space is investing in the future. >>> medical marijuana is already legal in several states in the united states. now, voters in washington state and colorado have ok'd the recreational use richard branson says yes. >> simply proposed with the harder drugs is do what portugal has done and that is, you know, let the state set up clinics throughout america that if you have a drug problem, you go to that clinic. give them the methodone until they're ready to come off, and when they're ready, you use a drug clinic that costs one-third of the price of a prison medical record to get them back into society. >> go to cnn.com to read sir branson's opinion piece about ending the war on drugs. sxwlirchlgts how nasa is protecting astronauts from radiation in space and how florians can actually cash in on invading pythons. we
. studies are showing that september 16, at least in the uk, is the most popular birthday. when you trace it back 40 weeks, because that's how long the gestation of a pregnancy is, december 11. more babies will be conceived today than any other day this year, according to new research. it's the most popular month for conception, and the ten most popular birthdays in the uk are in september. they say winter is the more fertile season. we're in better moods, all the winter parties. apparently, there's a physiological effect on your swimmers. apparently your swimmers, sperm quality is higher in the cold. i did not know that. >> really? i would have thought the exact opposite. >> my daughter was conceived right about this time. five years ago. >> you said you wanted more kids. what's on your calendar today? >> not happening. not this year. >> i respect that. >>> weed has been in the news a lot over the past few weeks with all the political stuff going on and approving marijuana. two students at the university of colorado took advantage of bringing food in. so they brought pot brownies to thei
's foreign secretary warns syria of using chemical weapons. the u.k. has contingent plans necessary if they launch a chemical attack with potential catastrophic consequences looming, what can be done to turn the situation around. steven yates will be with us just ahead. >> heather: north korea says it is preparation for a controversial rocket launch. big question now -- when? the rocket is on the launch pad and north korean leaders said the launch window would open monday but they are seriously considering readjusting the timing. united nations and others are condemning the launch saying it is a test of technology from missiles capable of reaching the u.s.. >> gregg: negotiations to avoid going over the so-called fiscal cliff draging on and on with little to show for it. in a weekly address, president obama saying he will not budge on his call to raise taxes on the wealthy. >> if we are serious about protecting middle-class families we're going ask the wealthiest americans to pay higher tax rates. that is one principle i won't compromise on. >> gregg: republicans sticking to their g
with the libor rate fixing scandal. libor rate is used to set rates on loans. three arrests out of the uk right now. >>> u.s. stock futures higher. fiscal cliff talks, federal reserve meeting in washington, two drivers for investments over the next couple of days. futures holding in there for now. >>> federal and state authorities have reached a record-setting settlement with british banking giant hsbc. europe's largest lender has agreed to a staggering settlement. this is a big fine. hsbc is accused of helping transfer billions formations like iran doing business with firms linked to terrorism and also enabling mexican drug cartels to move money illegally through u.s. subsidiaries. >> considering that, that sounds low, $2 mibillion for helping mexican drug cartels and terrorists out of iran? >>> and asia asending, the west in decline. 300 years of the west rising is reversing. american intelligence agencies are preparing this report that they do every four years for incoming administration. the world undergoing tectonic shifts, comparable to the french revolution and industrial revolution, but
in case. tests beginning in the uk for the first unmanned airplane flights. called jet stream. won't be carrying any passengers for now. >> i would say that's a good idea. >> think about it driverless cars. if you can have the car talk to the computer and the gps, satellite and program the coordinates and all pretty standard and clear, you can control congestion and the like. a lot of companies, including the agriculture companies, working on tractors and such have wen working on this a long, long time. >> can they drive stick? >> i don't know. that's a really john berman question. >> seems spooky to me. >> and glitches, right? always seeing glitches in technology. that's worry some. >> a lot of glitches in human driving. >> that's true. >>> 19 minutes past the hour right now the big bucks in the board room aren't what they used to be. the latest pay trend in corporate america, coming up. [ male announcer ] you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choos
and because of the u.k. it's up. health net enrollment for health plans in corporations next year, it's down. pfizer cutting 600 jobs and 20% of the sales force that is. sales for lipitor have declined since the exclusive patent expired last year. and no change with the stock virtually, and the dow is up four, dead flat. got to say it again, president obama's put social security cost of living increase on the table, it means less money for senior citizens, less of an increase coming up. that's next. ♪ grandma got run over by a reindeer ♪ >> i'm not sure of the music, but the sentiment warren hardy, we need to have less government in business and more business in government. up the music. ♪ now we're all so proud of grandpa ♪ ♪ he's been taking this so well ♪ ♪ seeing him in there watching football ♪ ♪ drinking beer and playing cards with cousin mel ♪ [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams hel
the key here. 31 daily nonstop flights. that's all part of what goes between the uk and north america for virgin atlantic. the brand remains, guys. make that clear here. the virgin atlantic brand does not go away. what changes is that delta has a 49% stake in the company. there's going to be a press conference later this morning here in new york. we're going to be talking with delta ceo richard anderson, and "squawk on the street" a little later on this morning. but this is a big deal in terms of what's happening with the airlines, and that international consolidation that we've all been expecting. guys, back to you. >> before you go, real quick. how much is this going to really impact delta, singapore air, which had this stake, was unhappy ultimately, because they didn't have the control that they really needed. or thought that they needed. >> i think richard anderson believes he will have the control. also singapore airlines, many believe that it did not utilize the access to heathrow as effectively as delta will be able to in terms of flights between north america, and heathrow. so
that ruled -- i think is what will surprise some folks -- that there is a treaty that the u.s. and the u.k. are a party to, along with a lot of other parties, call the international child abduction treaty. and that treaty is what was upheld by the lower courts in the united states. so the mother was able to keep custody of the little girl. now the u.s. supreme court is hearing the case today and we'll see what happens. the effects of this, the impact of this will likely reach a lot of u.s. military. >> gretchen: recently in the news, there has been this american female actress who also had two children with a foreign national, i believe he was from france. >> right. >> gretchen: then he was able to take -- the judge in the u.s. ruled that he could take the children back to france and she has been trying to fight to get them back. >> exactly. and it's this treaty in the hague and it's meant to help prehave not parents from abducting children burks it seems like it's perhaps doing the opposite. >> steve: so the supreme court is not going to decide necessarily who the child lives with, but wi
throw shows in the uk and three shows in eastern europe. it was incredible. it was such an honor. to be on stage with brian mann, roger taylor, rock royalty. it was kind of intimidating. the first show, we were in the ukraine, and it was 250,000 people. i had to take a big deep breath and just push through. >> what's it look like when you're performing to a quarter million people? >> it's bizarre. it's surreal. >> you focus on one person in the audience and sing to them. >> i tried not to. i tried to turn my focus inside to the boys. >> you did radio ga-ga? >> with the claps, yeah. >> great song. >> and you did some work for the gay marriage initiative in maryland. are you excited or nervous the supreme court is hearing the case on proposition 8 in california? >> i'm excited. i think progress is the name of the game. as long as we continue to try to push forward, things will change. slow and steady, you know. >> we're excited. "divas" airs sunday on vh1. >> yes, sunday. some of the people that are going to be there. jordin sparks. demi lovato, ciera, kelly rowland. >> congressman
if any laws were broken. >> who knows what the laws in australia and u.k. are? when i listen to those ryan roses things and that's happening live. i don't think they're getting anybody's permission to do anything. >> gretchen: you're a standup comedienne as well. >> my comedy -- i'm not a mean comic. i think if i make fun of anybody, it's myself most of the time. and i think you never know how people going to react when you're cruel. my father always said this, you never know what's going on behind somebody's eyes. and you tonight. you don't know what they've come into a room with. so look, a million times we've predicted the end of iron glee this country. i don't think this is the end of anything in this country. there are always people who are willing to go to extremes to get a laugh. i hope people will consider the possibility of what the results might be. this is something that will probably never happen again. it is a unique, unusual, very singular occurrence. >> eric: you're going to be on "glee"? >> i'm going to be on "glee"! i'm super excited. ryan murphy is an incredible tale
would publish to is pulling your strings. the great problem with america, like in the u.k., is not so much the tax rate, but tax avoidance. the last point that i would like to make, 35 years, it led to the biggest crash since the 1930's. the reason why the state is in some much that is to be bailed out the banking system. maybe we should tackle that first before the flat rate tax system that does not work for people. guest: from our perspective, we vociferously opposed wall street. i thought that that was the very moment that public policy was straightened out in this company. 700 billion bailed out bad actors in this country? i am with you on that. we need to clean out capitalists. let's go after all of those special deals in the tax code. bankers and unions, all of the year marks have been put in their. that is what the tax code is all about. but if tax rates go too high, taxpayers will avoid them. tax rates matter. incentives matter. public policy in washington, d.c., changes the behavior of people. host: national links, this recent piece in roll-call says that freedom works as the
're covering it in the u.k. and seeing it on tv and probably brings back really bad memories for him, but if i am a parent of one of those kids who witnessed such carnage at newtown and i see andy murray mentally healthy, successful, dealing with it all, you know, seemingly -- >> it is not something brought up either because of the fact, you're right, he is like every other tennis player out there. he has his bad days, his good days. he was one of the most emotional responses ever at wimbledon when he addressed the crowd and thanked him after he was beat this year and he was tearful and then the joy at the olympics, him winning the gold medal at the london games. he has had an up and down year and to end the year like this is truly amazing and i am interested to see what part if any he wants to have in these family's lives. >> i hope some. he is prove you can be okay. >> that's a great point. he is proof that you can go on from something as horrific as this and he wasn't in the other end. he was walking to the gymnasium. 30 seconds later he may have been one of those kids who was tragically ki
and australia and the uk. the political aspect would be huge. >> low-income students are risk averse. they do not have secret bank accounts where they can address the situation. and if they fail, the burdens of being on them. they are less likely to pursue a college education if it means earning more than their parents do in a year. we expect pell grant recipients to graduate with more debt than middle and upper income students. they are anywhere from 150% more likely to graduate. we are burdening those the least capable of the most that. the problem is that they are going to impact access. >> the point before you go on, a lot of that is about communicating to families what this means. it is far from perfect, but they are borrowing well beyond their families capability, baking on the fact that they will be able to. theret disagree that isn't a perfect model, but i think it has huge potential. >> i want to move on to questions from the audience because i want to get in as many as possible. i think what is interesting, so far, there seems to be a lot of changes that would take political will th
for that company for autonomy. the uk unit of deloitte was in charge of signing off on autonomy's financial statements also before hp bought the company in 2011. but deloitte was also paid significant fees for other work it did for autonomy like due diligence work on a potential acquisition and to many observers the multitasking is potentially an industry problem. >>> let's take a look at stocks to watch this morning. we'll start with the first one, we'll look at enbridge which at this point is not doing a whole lot. it's indicated up 0.3 of a percent. enbridge has raised its dividend by 12% and it sees strong growth in its outlook for next year. next on the list which is coming up now is cooper. cooper fourth quarter profit rising 27% on continued contact lens sales. so, this is -- there's, like, six different coopers at one point. this is the contact lens. there's cooper tire. >> different one. >> cooper company, and cooper. >> dan, when you take a look at everything that's out there, everything that's happening in the economy, what's happening with washington, what's your biggest concern
when it came out almost two years ago. we said that the uk consolidation would fail. it had too much revenue. as we are seeing now, millionaires and billionaires are heading for the exit. that is what we are going to see. >> thank you. mr. chairman, i yield back. >> i would like to congratulate the chairman on his election and the fine work he has done as chairman of this committee and to congratulate mr. brady on being selected as his chair of this committee and the next congress. for our distinguished witnesses, they agreed that what we need to do is have a long- term solution. i would like to ask dr. zandi how we achieve that. we are several million dollars apart from the president's proposal. how would you close that gap? proposalhe president's and speaker boehner's proposal. how can we get people employed and move our economy forward? >> i apologize. there will be a fair amount of numbers here. the president's tax revenue proposal amounts to about $1.6 trillion over a 10-year period. that is from higher tax rates. roughly 600 billion are from some kind of tax reform. they are al
they weren't replaced at all so you didn't end one that productivty benefits. this was also the case in the u.k. where they've seen that sort of dwerjens so when you look at the difference between productivty of the public and preist sector, it's technology. private sector has been able to harvest the productivty benefits of technology to take cost out and take it out in a pretty radical way. and that just hasn't happened here. i hold a little bit more hope for mobile in this regard which i think mobile has an opportunity to be more trance formative because people will interact more with government and we've goten smarter about that sort of thing. but we have to start closing down systems which i don't think happened to tay great extent. >> i'll just give you my experience of an account executive before i came to congress as well. agencies focus on their buments and it is the nature of man that people do not like to -- you get your savings and you don't get the benefit of those savings, they go to somebody who isn't doing the same kind of thing. so the nature of government makes this difficult
of the capitol. he was a tour guide he showed me the shoeshine boy and says u.k. and 25 cents but if you can afford you give him a tip. there's a parlor shop, the bank, and then he took the on the floor and said that's where i sit. that's where you will sit. someday you'll sit there, by the chairman. and then i addressed mr. speaker and i will address you as the gentleman from hawaii. i will be damned if i'm going to call you by your name since i can't pronounce it. [laughter] and we got to be good friends. he invited me to the texas table because we had no hawaii table in the dining room. and the chicago fellows and pennsylvania fellows and new york fellows were all good to me. >> like your colleague, daniel akaka and former transportation chairman norman, world war ii was important in the event in their lives and in your life as well. you serve in the most highly decorated unit in the history of the united states army and received a bronze star, distinguished service cross and middle of honor. can you tell us what you learned from that experience, and how did that experience impact your pu
. that is what we have to worry about because we already see this happening. we also see in the u.k. that there are people being arrested. .t may be nasty stuff turning around, after the levison inquiry, regulating media. where is speech? this is a dangerous stance we are about to go under here. there is a fight over the effort to make google pay for the link.. if you can do that for media, maybe you can do it for bloggers like me. there is danger there. in dubai, they refused to have a favor of having the right on line. instead, they ordered the introduction of a firmly worded press release. speech is in danger this year. facebook is a place where we can share and can act. it is going wrong -- a round. i urge you to recognize that we must not only get enamored with new tools and toys. we have an obligation to protect the freedom. share and can act. we must protect the net. [applause] >> the phrase rock star is thrown around a lot. i am happy to welcome a bonafide rock star, amanda plummer is best known as one half of the dresden dolls. she started releasing solo albums produced by
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